Essays about: "ex-ante uncertainty"
Showing result 1 - 5 of 18 essays containing the words ex-ante uncertainty.
-
1. Mandating transparency on deforestation and ecosystem conversion
University essay from Lunds universitet/Internationella miljöinstitutetAbstract : The production of eggs, meat, and dairy products in the EU indirectly contributes to deforestation and ecosystem conversion (DEC) in Latin America due to extensive imports of soy for animal feed. This thesis explores under which preconditions the mandatory European Sustainability Reporting Standards for the agriculture and farming sector can increase transparency in the opaque soy supply chains and incentivize reductions of imported DEC. READ MORE
-
2. Complexity, Order and Underpricing: An Empirical Study of Underpricing in Technology IPOs
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : Using a sample of IPOs in technology-intensive industries between 1983 and 2022, this paper studies the impact of firm-specific characteristics and actions of prior peers on the initial returns of IPOs. Three types of variables are tested to explain the reasons for the large level and variability of IPO underpricing in the technology sector identified in previous academic studies. READ MORE
-
3. Information Production, Firm Complexity, and the Underpricing of Initial Public Offerings in Sweden
University essay from Lunds universitet/Företagsekonomiska institutionenAbstract : This paper studies whether the level of IPO underpricing is enforced by increased firm complexity. Evidence from a sample of 215 Swedish IPOs between 2010–2020 suggests that investor’s ex-ante uncertainty increases as issuing firms become increasingly complex. READ MORE
-
4. Underpricing of Venture Capital-Backed IPOs
University essay fromAbstract : This thesis researched the effect of Venture Capital ownership on underpricing in IPOs. We conducted OLS-regressions on two data samples consisting of IPOs in the Nordics between 2009 and 2019. Two samples were collected, consisting of 504 IPOs, of which 50 were Venture Capital-backed. READ MORE
-
5. Banking Relationships and first-day IPO Performance - Evidence from ex-ante pricing of Swedish firms
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : The purpose of this thesis is to investigate how pre-Initial Public Offering (IPO) banking relationships affect the level of underpricing for Swedish firms. By studying a sample of 273 IPOs between 2014 and 2018, no support for a signaling effect that reduces information uncertainty for investors can be concluded since firms with a pre-IPO lending relationship do not experience a lower level of underpricing. READ MORE